Permian

Americas

Permian flaring spikes to new record highs again

07/11/2019

The waste and pollution of natural gas in the Permian Basin reached new record highs yet again in the third quarter, according to a report from the Norwegian research firm Rystad Energy.

OTC

Huge scale of US shale

08/05/2019

Moss Creek Resources recently set a new record for drilling a well in the Permian Basin, the onshore resource that has dramatically transformed the fortunes of the US oil and gas industry.

Americas

Apache cuts back production of Permian gas because of pricing

24/04/2019

Houston's Apache Corp. said Tuesday it will dramatically cut back on its natural gas production in the Permian Basin for an extended period of time because of steep pricing discounts caused by pipeline shortages in the region.

Americas

As energy world focuses on Permian, Gulf makes its own comeback

27/02/2019

The attention of the energy industry has focused in recent years on the Permian Basin, the once tired West Texas oil field that roared back to life when hydraulic fracturing and horizontal drilling freed the vast reserves locked in its shale. But as the Permian gathers the attention, another aging oil field is making its own comeback.

Oil & Gas

Report: Oil and gas M&A to surge in late 2018

11/07/2018

Oil and gas mergers and acquisitions are expected to surge with upwards of $50 billion in new U.S. deals for the rest of the year following a spring lull, according to a new report.

Americas

Labor shortages in West Texas getting worse

30/03/2018

The latest shale drilling boom is driving unemployment to the lowest levels in years in many of the areas that encompass the Permian Basin, a 17-county region that spans West Texas and eastern New Mexico, according to data compiled by the Permian Basin Regional Planning Commission, a cross-border coalition geared toward diversifying the region’s economy.

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